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Canadian Home Based Businesses
Kelly Said:if im canadian and do a home-based business with a us parent company is it safe to give sin or a/c no explain.
We Answered:home based business
Ronald Said:Does anyone know any good books for Canadian home business taxes?
There are two things I would add to the above post.
When choosing a professional accountant, you should look for a designated accountant (CGA/CA/CMA). They're the only accountants required to have continuing professional development, liability insurance and who's practices are inspected by their peers on a regular and ongoing basis to ensure a high level of quality service.
Also, most designated accountants will be happy to sit down with you for anywhere between a 1/2 hour to an hour to go over your record keeping with you free of charge. It's part of business development for us. So I'd take advantage of that and get a consultation when you are first starting your business. Perhaps go to two or three different accountants and stick with the one you're most comfortable with.
There are very few books that I've run across that could explain even the basics of proprietorship income taxes without getting overly technical. I really think your best bet is to go visit a professional.
Debra Said:Best home based business?
We Answered:Try the Business Opportunity Search Engine
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